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To protect the health of its young fans, it is imperative that Formula 1 act quickly to update its existing prohibition of cigarette sponsorships to include other types of tobacco products, including newer products like nicotine pouches, the groups wrote in the letter to Formula 1 CEO Stefano Domenicali
Bloomberg rejected that criticism
The company isnt just about cigarsit also has a presence in luxury accessories, spirits, and fragrances
According to Revaz Yusupov, deputy head of the Center for the Development of Trade and Industry, which operates the labeling system, the introduction of mandatory labeling has reduced the share of illegal tobacco turnover from 15.6% to 10.8%
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